- Tesla announced building 500,000 cars in 2018 and purchasing the complete current global lithium supply per year.
- Lithium is not scarce and could easily get oversupplied even with demand growing.
- Other technologies, like vanadium batteries, will always present a threat to lithium.
On May 5, Tesla’s (NASDAQ: TSLA) Chairman and CEO Elon Musk announced that TSLA intends to produce half a million cars in 2018. Apart from the craze currently surrounding TSLA, the trend towards electric vehicles is undeniable. An option that does not imply direct investments into electric cars manufacturing companies is an investment in lithium related investments as lithium is the most important material for battery production. This article is going to elaborate further on the investing possibilities, risks and rewards of the lithium option. More →